Mortgage Interest Rates Reverse Course in 2017

To start the year, housing experts all agreed on one thing: 2017 was going to be the year we would see mortgage interest rates begin to rise. After years of historically low rates, and an improving economy, the question wasn’t if they would increase but instead how much they would increase. Some thought we could […]

Posted in First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers

69% of Buyers are Wrong About Down Payment Needs

According to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, mortgage professionals say that first-time buyers still believe a 20% down payment is necessary to buy in today’s market. Nearly 40% of mortgage industry professionals surveyed believe that a lack of knowledge about the home-buying process […]

Posted in Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers

If Your Home Hasn’t Sold Yet… Definitely Check the Price!

The residential housing market has been hot. Home sales have bounced back solidly and are now at their fourth highest pace over the past year. Demand has remained strong ­throughout spring as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house? If your house hasn’t sold, it […]

Posted in For Sellers, Pricing

5 Reasons You Should Sell This Summer

Here are five reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in […]

Posted in For Sellers

What Would You Sacrifice to Save For Your Next Home? [INFOGRAPHIC]

Some Highlights:

95% of first-time homebuyers are willing to sacrifice to make homeownership a reality.
The top item that buyers sacrifice is new clothes, at 54%.
Even repeat or experienced buyers say they sacrificed taking a vacation or buying a n…

Posted in First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Can Your Real Estate Agent Answer These Important Questions?

Whether you are selling or buying a home, the real estate agent you hire is critical to guaranteeing your family makes the right decision. Most agents can walk you through the process and explain the industry ‘lingo,’ but you should expect so much more than that. The housing crisis made everyone aware that truly understanding […]

Posted in First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers

Why Working with a Local Real Estate Professional Makes All the Difference

If you’ve entered the real estate market, as a buyer or a seller, you’ve inevitably heard the real estate mantra,

Posted in First Time Home Buyers, For Buyers, For Sellers, Millennials, Move-Up Buyers

#1 Reason to List Your House for Sale, NOW!

If you are debating listing your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes for Sale  The National Association of REALTORS’ (NAR) Chief Economist Lawrence Yun recently commented on the inventory: “Last month’s dip in closings was somewhat expected given that there […]

Posted in For Sellers

All Gave Some. Some Gave All.

Posted in Uncategorized

Inventory Challenges Continue! [INFOGRAPHIC]

Some Highlights:

After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
Median existing home prices surged for the 62nd straight month, up 6.0% ov…

Posted in First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers